A resource page devoted to Glenn Greenberg page has been added to ValueWalk.
3.Note: We fell behind but we will now be updating and adding new pages – so stay tuned
Livermore Strategic Opportunities February 2021 Update
Livermore Strategic Opportunities, LP performance update for the month of February 2021. Q4 2020 hedge fund letters, conferences and more Many of you are witnessing first hand that our country, economy, (and now stock market) are all very fractured and becoming extremely challenged. Therefore, our hedge fund's theme remains focused on specific sectors and companies. Read More
Below is a partial excerpt followed by link to full page, which can also be found under Value investors tab or this link-> https://www.valuewalk.com/glenn-greenberg-resource-page/
Brief excerpt below:
Glen Greenberg is a relatively unknown value investor but his returns over the past few decades have been nothing short of astonishing.
Surprisingly, Greenberg never wanted to be an investor. He majored in English at college, after which he moved on to teaching for three years, serving as a high school principal. After, he ended up going to Columbia business school, followed by five years at J.P. Morgan. Greenberg first became interested in value investing when, while working at J.P.Morgan he was asked to analyze a company that owned land with redwoods growing on it. As it turns out, the land was worth three times the company’s market value. From this experience, Greenberg figured out that you don’t need to be a genius to profit from value investing.
Greenberg and his partner, John Shapiro founded Chieftain Capital Management during 1984. From 1984 through 2000, Chieftain achieved a compounded annual growth rate of 25% on its investments, before fees. The S&P 500 achieved a return over 16% over the same period. Annual returns through 2010 were 18%, after which the firm split into two entities as a result of conflict among partners. Up until 2008 Greenberg had achieved a record that was as good, or better, than that of Warren Buffett.